Deterministic and Stochastic Topics in Computational Finance

Ovidiu Calin ,

ISBN 10: 9813203080 ISBN 13: 9789813203082

Published by World Scientific Pub Co Inc, 2017

Language: English

Condition: New Soft cover

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Bibliographic Details

Title

Deterministic and Stochastic Topics in Computational Finance

Publisher

World Scientific Pub Co Inc

Publication Date

2017

Language

English

ISBN 10

9813203080

ISBN 13

9789813203082

Binding

Soft cover

Condition

New

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About this title

Synopsis

Calin explores mathematical models of financial markets, noting that this approach is customarily called computational finance both to emphasize the theoretically computational aspect and to distinguish it from empirical finance, which uses much less sophisticated mathematical models to perform its analysis. Deterministic models are just an approximation of stochastic models, he says, and are applicable when special conditions are present, such as just for the short run, or when noise is ignored. Annotation �2017 Ringgold, Inc., Portland, OR (protoview.com)

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